The global health IT sector is expected to more than double in value by 2028, according to a May 16 study by Brandessence Market Research & Consulting, Becker’s reports.
The research firm predicts the global valuation of the healthcare information system market will reach $579.6 billion by 2028, up from $282.7 billion in 2021.
The report said the growth is being fueled by improvements to personal care delivery, streamlining of data storage, increased adoption of electronic health records and the realization during the pandemic that the systems in place were inadequate. Read more.
